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May 2025 · Milton
Average Rent in Milton — May 2025
203 confirmed residential leases in Milton in May 2025. Average rent $2,736/month. Mixed conditions across property types.
Avg Lease Price $2,736/mo
Median Lease $2,750/mo
Avg Asking $2,757/mo
Lease / Ask 99.2%
Leased Over Asking 13.3%
Avg DOM 42 days
Total Leased
203
all residential
Avg Lease Price
$2,736
per month
Median Lease
$2,750
mid-point
Lease / Ask
99.2%
avg ratio
Over Asking
13.3%
of all leases
Avg DOM
42
days on market
Lease Prices by Property Type
Milton · May 2025
💰 Lease Price Summary
Average Lease $2,736/mo
Median Lease $2,750/mo
Avg Asking Rent $2,757/mo
Lowest Lease $1,200
Highest Lease $6,200
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 13.3%
Leased at asking 56.7%
Leased under asking 30.0%
Avg Days on Market 42 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.3% over vs 30% under asking.
💰 Lease Price Summary
Average Lease $2,417/mo
Median Lease $2,400/mo
Avg Asking Rent $2,439/mo
Lowest Lease $1,900
Highest Lease $3,150
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 12.8%
Leased at asking 53.2%
Leased under asking 34.0%
Avg Days on Market 42 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.8% over vs 34% under asking.
💰 Lease Price Summary
Average Lease $3,081/mo
Median Lease $3,300/mo
Avg Asking Rent $3,105/mo
Lowest Lease $1,200
Highest Lease $6,200
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 21.4%
Leased at asking 51.8%
Leased under asking 26.8%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 21.4% over vs 26.8% under asking.
💰 Lease Price Summary
Average Lease $2,902/mo
Median Lease $2,900/mo
Avg Asking Rent $2,925/mo
Lowest Lease $1,400
Highest Lease $3,400
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 7.1%
Leased at asking 62.9%
Leased under asking 30.0%
Avg Days on Market 42 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.1% over vs 30% under asking.
💰 Lease Price Summary
Average Lease $1,867/mo
Median Lease $1,850/mo
Avg Asking Rent $1,883/mo
Lowest Lease $1,750
Highest Lease $2,000
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 66.7%
Leased under asking 33.3%
Avg Days on Market 39 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 33.3% under asking.
Nearby Cities · May 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Oakville | $3,086 | $2,700 | 98.8% | 44d | ⚖️ Balanced |
| Mississauga | $2,751 | $2,637 | 98.9% | 44d | ⚖️ Balanced |
| Halton Hills | $2,634 | $2,750 | 98.7% | 55d | ⚖️ Balanced |
| Brampton | $2,681 | $2,700 | 99.4% | 43d | ⚖️ Balanced |
| Guelph | $2,490 | $2,350 | 99.7% | 59d | ⚖️ Balanced |
| Burlington | $3,152 | $2,800 | 97.5% | 43d | ⚖️ Balanced |
Frequently Asked Questions
Milton · May 2025
The average confirmed lease in Milton was $2,736/month in May 2025,
based on 203 MLS® transactions. The median was
$2,750/month.
Condos averaged $2,417/mo, freehold averaged $3,081/mo, and townhouses averaged $2,902/mo.
Units in Milton took an average of 42 days to lease in May 2025.
Freehold rentals averaged 43 days while condos averaged 42 days.
In May 2025, condos averaged $2,417/month while freehold rentals averaged $3,081/month —
a difference of $664/month.
Milton averaged $2,736/month in May 2025. Mississauga averaged $2,751/mo. Brampton averaged $2,681/mo. See the full May 2025 Ontario lease summary →
Looking to rent in Milton?
Browse available rentals or connect with a local agent who knows the rental market.
Data note: Based on MLS® confirmed lease transaction data held in our system for Milton, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
